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Property profile & analytics
OFF-MARKET
Lifestyle centers

15898 La Grange Rd Orland Park, IL 60467

14,281 SF 1.1 ac lot Built 2016
Property ID
Property summary
AI-generated overview

Exceptional Orland Park retail investment opportunity featuring 14,281 square feet of Class A retail space, situated on 1.1 acres at a major intersection with over 77,500 vehicles daily. This 100% occupied property boasts a diverse tenant mix including Aspen Dental, AT&T, Mattress Firm, and Al Hamawi Roastery & Café, all backed by corporate guarantees. The property benefits from a strong regional draw, situated adjacent to a major 329,903 square foot shopping center anchored by national retailers such as Ulta Beauty, Best Buy, and others, attracting over 256,500 annual visitors. Built in 2016, the single-story building features 63 parking spaces and offers a substantial Net Operating Income (NOI) of $641,864, resulting in a 6.70% cap rate. The property is offered fee simple with a NNN lease structure and includes built-in rent bumps. Further enhancing its value, a significant new development is underway across the street, including a grocery-anchored center, restaurants, a hotel, and medical office space, promising increased traffic and future appreciation. This is a rare opportunity to acquire a high-performing, stabilized retail investment in a prime Orland Park location. The asking price is $9,600,000.

Property profile
Verified
Property type Lifestyle centers
Year built 2016
Total area 14,281 SF
Lot 1.1 ac (47,916 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mattress Firm Orland Crossing Furniture & Home Goods
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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